A federal court dismissed the International Longshoremen’s Association’s lawsuit claiming the Virginia Ports Authority violated national labor law by installing automated yard cranes without union notification. The VPA, which filed a motion to dismiss in October 2025, argued the union was already aware of the automation plans. The court’s ruling clears the way for the authority to continue its crane automation program. Both parties offered brief statements, with the VPA expressing gratitude for the decision.
U.S. data‑center construction is driving a surge in electricity demand, giving wind turbine OEMs a fresh growth catalyst despite a hostile regulatory environment. German onshore specialist Nordex projects $11 billion in 2025 orders, while Danish Vestas expects revenue of $24‑26 billion in...
The Port of Rotterdam handled 14.2 million TEUs in 2025, marking a 3.1 % increase driven by a strong second‑half surge in Asian imports and expanding trade with North America. Despite this growth, persistent congestion and a carrier‑alliance restructuring forced a notable...
The Hapag‑Lloyd acquisition of Zim adds roughly 2.8 million TEUs to the carrier, cementing its position among the world’s largest shippers. Meanwhile, the Premier Alliance—Ocean Network Express, HMM and Yang Ming—has amassed just over 4.8 million TEUs of existing and ordered capacity. The...
Container carriers on the India‑Europe and Mediterranean lanes have raised February spot rates sharply, reflecting heightened seasonal booking demand and constrained vessel capacity. Forwarder data show spot asks climbing $400‑$500 per TEU since January, pushing average prices from Nhava Sheva/Mundra...
German carrier Hapag-Lloyd plans to leverage its $4.2 billion acquisition of Zim Integrated Shipping Services to expand its intra‑Asia footprint through Zim’s Hong Kong‑based affiliate Gold Star Line. Gold Star operates 20 liner services with a fleet of 40 vessels totaling roughly 100,000 TEU,...
Trans‑Pacific ocean carriers and U.S. importers are deliberately postponing contract sign‑offs for the 2026‑27 service year as spot rates to the West Coast have slumped more than 20% since early January. Both sides hope that underlying market fundamentals will improve,...
Ocean carrier schedule reliability plunged in January 2026 as congestion at Asian hubs and severe North Atlantic weather disrupted liner networks. Rate‑benchmarking platform Xeneta reports a sharp decline in on‑time arrivals across most carriers, with only non‑alliance services showing modest...
CargoSprint, a U.S. container‑terminal payment technology provider, announced the acquisition of Dray Dog, a Southern California software firm that powers appointment scheduling for drayage carriers. Dray Dog is widely used by large dray carriers and currently manages a substantial share...
CargoSprint, a payment technology provider for U.S. container terminals, announced on Friday that it has acquired Dray Dog, a Southern California software vendor that coordinates appointment scheduling for drayage carriers at the Los Angeles and Long Beach ports. Terms of...
Maersk announced a significant upsizing of its West India‑US East Coast (MECL) service to add incremental westbound container capacity. The move follows the United States’ reduction of tariffs on Indian‑made goods from 50% to 25%, with a further cut to...
CMA CGM has placed an order with India’s Cochin Shipyard for six 1,700‑TEU dual‑fuel LNG container vessels. The deal was announced during a New Delhi visit that also included a pledge to recruit an additional 1,500 seafarers, bringing the total Indian crew...
Wallenius Wilhelmsen CEO Lasse Kristoffersen said China will ship an additional 2.3 million vehicles this year, boosting total exports to roughly 8.2 million units. The surge aligns with an 8% increase in roll‑on/roll‑off carrier capacity, adding 67 new vessels to a fleet of...